JPMorgan Chase's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JPMorgan Chase (NYSE:JPM) announced a quarterly dividend of $1.05 per share, with the ex-dividend date set for Thursday. Shareholders owning JPM stock by the end of Wednesday are eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open $1.05 lower on the ex-dividend date.
January 01, 2024 | 2:45 pm
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JPMorgan Chase announced a $1.05 per share dividend with an ex-dividend date on Thursday. Stock expected to open lower by the dividend amount on the ex-dividend date.
The stock price is likely to drop by the amount of the dividend ($1.05) on the ex-dividend date as the dividend value is accounted for in the stock price. This is a common occurrence on ex-dividend dates and is typically priced into the stock.
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